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North-South integration of rare earth Minmetals Rare Earth backdoor listing emerged as a foregone conclusion

North-South integration of rare earth Minmetals Rare Earth backdoor listing emerged as a foregone conclusion

Hot review:
Nine industry M & A to accelerate, to which ranked the rare earth industry will have far-reaching impact. Currently, the North-South integration of rare earth have been made to the North Baotou Rare Earth a single large, south rare pattern remains undecided, but Minmetals Rare Earth through the backdoor listing, has taken the lead taken a substantial step. Minmetals Rare Earth and rapidly through the backdoor ST Guanlu, market soon. According to figures released last September ST Guanlu restructuring plan, Minmetals Group intends to Ganzhou Rare Earth and Rare Earth Research Institute into the listed company. January 8, ST Guanlu recurrence announcement, said the company has recently received approval of China Securities Regulatory Commission and the Shenzhen Stock Exchange's decision, agreed after the company completed a major reorganization of assets for relisting. Notice that the current restructuring has entered the delivery phase, set out to deliver the asset restructuring has been completed, transfer procedures related assets are handled, after the delivery is completed, the company will recover in time for the listing. (Source: Daily News)

 Hot comments:
This means that minmetals rare earth borrow ST listed b is a foregone conclusion. After completion of the deal, ST aluminium electrolytic aluminium and its deep processing of profitability less original assets will be stripped out of the listed company, minmetals rare earth will be a good profit at the same time, the development potential of rare earth assets injection, ST of aluminium will become minmetals rare earth separation business development platform and the capital market financing platform. With this platform, minmetals rare earth is in the process of integration of ganzhou walking in the front row.

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